Living on a boat and avoiding taxes

As a trader you can make it to be earned income, if you do the market to market switch.

 

I wonder if US gov would get upset if the money on your debit card comes from overseas

 

I wonder if you can do that with a debit card on somebodyelse's name that is not US citizen

 

I am not a US Citizen neither a US resident but I trade with a US broker and do not pay taxes because I filled in a specific form W-8BEN which means that I should be declaring what I earn in my country but I don't as my country does not have a clue that I trade in the US.

An for living every day we use my wife salary. The earning from stock market will be used later.

 

There is less freedom in US then even in Eastern European countries now days

 

But where to leave in an eastern europe country ? Are there any eastern europe residents posting here to give us some advice.

 

What about forex? What are currencies considered, if the forex broker is in the US?

 

Fishbird,isnt the EEC one tax bloc now.Otherwise no need for a boat.Just drive across a border every 180 days.

Europe is one big mess.

Denmark has 55%, Germany ( were i live ) 20%, Netherland 0%-50%, Belgium very high, Austria 25%-50%, Poland 16%, Andorra 0%, Spain 50%, France > 40%, Italy 13%, Norway/Sweden/Finland > 40%. And everyone has a different language too.

I dont think the registration of the boat has anything to do with your income taxes.

Even if you live permanently on a boat, you have to be a citizen of some country. But if you dont stay longer than 180 days this becomes unimportant anyway.

 

US IRS might go to your gov and tell them that you trade with a US broker.

 

Exactly, that's what they do. And in return they will give the IRS all info about americans in their country.
So both countries win, and the trader loses.